New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-08-22
THE MONEY MARKET.
SUNDAY, Aug. 21-P. N.

THE MONEY MARKET.
SUNDAY, Aug. 21-P N.
The United States Treasurer last week received from
customs $2,282,77S, and from internal revenue
81. 8S7, 669; total from both. $6970.447, against
$92e2ls for the preceding week The special feature
OF tae weeks receipts tho unusually large receipts
from internal revenue. During the week the Treasury
addedo its cash balances 5S3l44 OF which $6olSsO
was additional deposits In National banks ana
93i 26i accumulations in its vaults 1t seems prob
able, however that the statement OF yesterday was
made up before Fridays reports from the Treasury
received and that therefore Fridays payment py
the New-YorK Sub-Treasury for the $2,5OO,OOO bona
purchase is not deducted from the cash balances The
principal changes of the week were as follows: gold
balance increased S2,369,325, by accumulation OF
$I446l55 bullion plus retirement OF $923l7O cerh-
Gates; legal tender balance decreased $2O645S, by an
accumulation of $2s645o notes less an issue OF $soOoO
certificates and silver decreased $5509i4 by an issue
OF Sl,O06 796 certificates less accumulation OF
Si55 s52 bullion. The liabilities for the redemption OF
National bank notes reduced 1862 $50, so that the
available balance was increased $3,236,09l or winch
about 5000, 900 by the coinage OF silver dollars
subjoned the results of yesterdays statement COM
pared with those of statement OF August 10.
Aug. Is, 1887. Aug 30. 1887. Diherences
Gold coin and bal,
less certificates
reserve SOL 4s9946 s93s5s.271 Inc s2.36o326
iidcates .'. l99sdsss 2oli2sle Inc 2o642s
n at DanE notes. 1898 las 2.og957O Dec. v5o7o
DS SpSks ~ le3l1s75 la99s255 Inc o6l.sso
Silver dollars and
tncstes........ 7alsa6ss 7s.5s2.754 Dec. 65oo44
Totals s2I2 ss4 552 s2I5, Az G96 Inc s2.5sS.lA
TS Ssia TO-, 10 rr lSnas
per cent fund lls550l9o 1l2 1924 Dec. 652,95O
ssco = 500 344 1862 slO2 $50 450 Inc So 23Go9i
Non legal tender
(iractiondD sill. ooo.,
yer colus....... 266l5 3S7 2G,505.746 Dec. 1O96il
Total balance 749 ooG 2o2 s3l26.4oJ
The weeks changes IN the amounts of Government
bonds deposit with the United states Treasurer for
account of National banks are as follows: Held for
security of bank note circulation-withdrawals
SI43OOO 3 per cents $2370O per cents,
S246O0O L. per cents; deposits, $4,000; but
the Withdrawals from old Giro ulatiOn amounted to
SIS 900. the deposits for circulation amounted
1867 800 There an addition OF SloOOOo TO the
deposits FOR security OF Government deposits III National
6auks follows: SloO,OOO per cents less S3O,Ooo
IL per cents Withdrawn. The old bank note crcula
ton retired during the week seems 10 have been
SysJ.j22, and the circulation issued sl2I,o&9.
Yesterdays blnd statement OF averages Tor the week
ended last Friday evening proves 10 ne Ill the matter Oh
,ota reserves ABOUT what Was expected by intelligent
PERSONS. In Is II oJO,-OO Tie sub Treas
ury up Thursday, Including is receipts OF S110OOO
OfucrS On OF LOUIS Iu4Cd5o, ctc u'i do
sorbeu some s2OUUOOO. InuIsdIy 1t paid by CHECK
upon Itself S2,7I9l25 winch 1t paid triday) 10 the
S2,JUO.OOO Donds purchased whcn sum eou'ed III Tue
bank Tor Only unc or Two days The statement
Oh week ago ap aI4lng Averages 80 1t Is
evident thai al Inc close oi business friday bdnAs
total reserves some TJ,OO3,OOO 10 @JoUU'ooo
greater tue average Tor the week ~ shown
IA Tue statement. Tic eol4 w4Ich arrived friuay
C7o5OOOOj wII reaen Dana Oy tO-norO". The average
vi the is reduced 9-,-lJ,lOO ANA the deposits arc
decreased sJ,9-J,JOO-a Uecrea-e That 9i,iUJ,'OO
godlcr Otner changes al ior Inc cAases Tor
Tue CORES ondIns weeA % ls7O we're IS ioho"s;
Decrease ia .UaAs, 9s,Ul1,5,o, decrease III casa,
81 5J,GjU; decrease III ucpO IT'S 9iIiiZ'OVOi AM
decrease surplus reserves silD,JJO
Yesterday ateneHt III the aggregate gives ratio of
total net deposits o. U-5 per cent OF 90
caueI surplus oYer - per cent OF 9i,-OJo'o lAc
luea srp!Gs reserve comes from tlc National law
winch iorol4s any National DauK from increasing its
loans when is reserve leu below - per cent ot
It's deposits. aAI Oon.roAer may order the BANK
which Its legal reserve TO CONFORM TO tue Ian
witniH thirty Inc IL" nds prcucaDy oeen adedd
letter since specie Resumption on January !. lo'J inc
.Otcc with state OdnAs. NOW, toward yescr
day Aggregate hsures wc give the general result
stated Cos per cent? the state hahks contributed
S07, 2j,GOJ total OF deposits ana SlI2Oj3O0t 10
total OF 2O.9l per cent The NatioEa!
bauKs suiJecl 10 tie gave S&9,1-9,JOo toward the
total amount OF deposits and 91O,o6I3lI 10 the total
reserves; ratO27.<j percent or sd pusOf 91OIO.'-J
With the present Dearisn sentiment In stock opera
lions every Interested sure To have tcr attention
directed comparison of the present BANK reserves
Win those corresponding duc OF lSS1. when the
were phenOmenaiy high, Tor the sole reason
that saguauon All Drdnc.es Ut bushes, ohcrcd no
EN- IiOy Inent Tor money. lie year oil l5cO was tic
second year OF In the industries OF the country
which followed the depression OF lo1J-ls1-, this
year the second year OF the revival now Ia progress
Therefore, Tie bank statene MS Of lssO seem 10 be
peculiarly htc4 comparison with existing cOnu-
tons We substitute III the following table the state
cn OF August ~ 1880, III the place of tnat heretofore
held 10y lSs5. In the week oil August IL 1850 the
CHANCES follows. loans Increased 81 I,JOO,
sou ZOO deposits uecie Sed $4,000,
and the surpIus rt,s uctrcasct T&,OJ2OuO. In
$50 the net Imports OF gold 10 date d:2oun. ell 10
SOOO,OUO Las year Tie net ekIwr OF gold 10 Jaic
amounted SI3OOOOOO, ami THIS the net Imports
OF gold To dale amount 10 abVut SJ5,OJU,OOO.
TN. 10 iow ug com ares yesterdays stiteent
win q of the COZ adIn Ul l-5G 1880;
Aug. II. l-sO. Aug II. lssG. Aug. 20, 1851.
Loan. .. .5l OGo. $40 is,Jj1.DUJ $500 lO7 TOO
Sue Go,1I 100 OO.iO $40 OS,HlOJ U
Ie.altrni-rA.. IJ.2J4,zJO oO.lu .Jp - @JZJOd
I,rT oss ....... .97Ul Il 3JoIZl.3JO 81 t,zIiJJJ
90. L.. \,